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Business

Ant Financial launches AlipayHK mobile app

​Ant Financial, the arm of Chinese e-commerce giant Alibaba group, officially launched AlipayHK mobile application on Thursday, enabling users to register accounts using local phone numbers and top up their mobile wallets with Hong Kong dollars (HKD) and link them with HKD credit cards.

Baidu to provide alliance partners with AI capabilities

​Baidu announced Tuesday it will provide its partners with artificial intelligence resources and technology to build a smarter and stronger alliance for shared growth.

OPEC, non-OPEC hold informal talks to nail new oil cuts

​OPEC and non-OPEC ministers meet for informal consultations in Vienna on Wednesday in a last-ditch bid to agree the duration of oil output cuts as they seek to clear a global stocks overhang that has pulled down the price of crude.

Economy MORE

Greece fails to secure fresh bailout funds

Greece fails to secure fresh bailout funds

Greece has failed to secure a deal to unlock the next instalment of its multi-billion-dollar bailout after talks with eurozone finance ministers broke down.

Markets MORE

GM will cut operations in India, South Africa

GM will cut operations in India, South Africa

General Motors Co plans to quit selling vehicles in India by the end of this year and will sell operations in South Africa, the latest steps in a strategy of focusing cash and engineering effort on fewer, more profitable markets.

Industries MORE

California almond exporters eye rich growth potential in China market

California almond exporters eye rich growth potential in China market

The growing spending power of China's middle class and its increasing interest in healthy food are creating good conditions for exports of Californian almonds, said Richard Waycott, chief executive officer of the Almond Board of California.

China Economic Reform

China sees bright future for economic cooperation with South and Southeast Asia

China sees bright future for economic cooperation with South and Southeast Asia

​​Tropical fruit from Thailand, Vietnamese coffee and Sri Lankan jewelry may not have much in common, but they are making their way into the Chinese market thanks to growing shared interests and market demand between China and its neighboring south and southeast Asian countries.

Economic Community

Chinese premier calls for more practical cooperation within framework of ASEAN+3

Chinese premier calls for more practical cooperation within framework of ASEAN+3

​Chinese Premier Li Keqiang said here Wednesday that practical cooperation between ASEAN members and China, Japan and South Korea should be promoted steadily so as to safeguard regional peace and stability.

Digits

Samsung prevails over Apple in $399 mn patent appeal

Samsung prevails over Apple in $399 mn patent appeal

​The US Supreme Court on Tuesday overturned a $399 million patent infringement penalty imposed on Samsung for copying Apple's iPhone design, in a case watched for its implications for technology innovation.